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Article #620037Important US technology companies sold to foreigners (was: Xerox company sold)
From: Andreas Kohlbach
Date: Fri, 02 Feb 2018 20:47
Date: Fri, 02 Feb 2018 20:47
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On Thu, 1 Feb 2018 17:07:51 -0800 (PST), hanc...@bbs.cpcn.com wrote: > > On Wednesday, Xerox said that, after 115 years as an independent > business, it would combine operations with Fujifilm Holdings of > Japan. The deal signaled the end of a company that was once an > American corporate powerhouse. “Xerox is the poster child for > monopoly technology businesses that cannot make the transition > to a new generation of technology,” said David B. Yoffie, a > professor at the Harvard Business School. The move offers a > stark reminder that no matter how high a company may fly, it > is still vulnerable to the next big breakthrough. Xerox joins > once formidable tech companies like Kodak and BlackBerry that > lost the innovation footrace. > > full article at: > https://www.nytimes.com/2018/01/31/business/dealbook/xerox-fujifilm.html Sad. Many great US pioneers in computer technology were recently sold to foreigners. Bell Labs became French (Alcatel-Lucent) in 2006, now Finnish (Nokia). They're all finished. :-( Other US companies went abroad recently (say last 30 years)? -- Andreas You know you are a redneck if an expired license plate means another decoration for your living room wall.
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From: Andreas Kohlbach <a...@spamfence.net>
Newsgroups: alt.folklore.computers
Subject: Important US technology companies sold to foreigners (was: Xerox company sold)
Date: Fri, 02 Feb 2018 15:47:33 -0500
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